The global do-it-yourself (DIY) home improvement retailing market size was US$ 848.20 billion in 2021. The global do-it-yourself (DIY) home improvement retailing market size is forecast to reach US$ 1,278.00 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.37% during the forecast period from 2022 to 2030.
Do-it-yourself (DIY) comprises performing repairs, maintenance, and improvements without the help of a professional. Increased home purchases and the appearance of home remodeling TV shows boosted the DIY trend. Convenient and joyful shopping has become crucial as a result of our hectic lifestyles and job schedules. Many of the company's biggest competitors have opened online stores to provide low-cost pick-up and delivery. By decreasing the amount of work required to obtain DIY home renovation products, consumers save time and money.
Factors Influencing Market Growth
The rising need for do-it-yourself (DIY) home improvement and decoration of interior projects for customized design drives the global market.
The lack of skilled workers to produce DIY products may slow down the overall market growth.
The immense popularity of DIY projects and the rising disposable income boost the global market growth.
Increasing interest in eco-friendly DIY products is forecast to offer lucrative opportunities for the global market.
Impact Analysis of COVID-19
During the COVID-19 pandemic, the do-it-yourself (DIY) home improvement retailing industry flourished considerably. Because the majority of people were under COVID-19 lockdown, DIYers in both developed and developing countries were spending time finishing home improvement projects. To improve their clients' home areas and keep them amused during the lockdown, the great majority of DIYers are gardening. In the midst of COVID-19, such elements are fueling the demand for DIY items.
Regional Analysis
The Asia Pacific region is forecast to have lucrative growth during the forecast period. As a result of the growing cutting-edge DIY product innovation and technological advances. In addition, rising urbanization in Asian countries, business development, and private-public strategic partnerships will boost the size of the do-it-yourself (DIY) home improvement retailing market in the region.
Leading Competitors
The leading prominent companies profiled in the global do-it-yourself (DIY) home improvement retailing market are:
Travis Perkins
Kesko corporation
Lowe's Companies, Incorporated
Amazon.com, Incorporated
Walmart Incorporated
UBUY Incorporated
Toolstation
Home Depot Product Authority, LLC
flipkart.com
uByld Retail
Other Prominent Players
Scope of the Report
The global do-it-yourself (DIY) home improvement retailing market segmentation focuses on Type, Distribution Channel, and Region.
Segmentation based on Type
Building Materials
Decor and Indoor Garden
Lighting
Electrical Work Materials
Tools and Hardware
Painting
Wallpaper and Supplies
Plumbing Materials and Equipment
Flooring Repair and Replacement Materials
Outdoor
Segmentation based on Distribution Channel
Offline
Online
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Meta Title: Do-It-Yourself (DIY) Home Improvement Retailing Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global Do-It-Yourself (DIY) Home Improvement Retail Market is projected to reach US$ 1,278.00 billion by end of 2030 from US$ 848.20 billion in 2021, at a CAGR of 4.37%
Meta Keywords: do-it-yourself (DIY) home improvement retailing market Size, do-it-yourself (DIY) home improvement retailing market share, do-it-yourself (DIY) home improvement retailing market trend, do-it-yourself (DIY) home improvement retailing market Forecast, do-it-yourself (DIY) home improvement retailing market insight